undamentalytics Newsletter

Ryan Specialty Holdings, Inc.: which funds bought and sold

Institutions that bought and sold Ryan Specialty Holdings shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 189 institutions that filed 13F reports for both quarters added to or opened positions in Ryan Specialty Holdings, and 205 cut or closed them. Together they added a net 3.9M shares, +3.5% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 6.8M shares (+17.7%); index fund managers were net sellers of 486K shares (−1.6%). 75 opened a new position and 71 sold out entirely.

Bought, Q2 2026 189 institutions, 75 of them new holders Sold, Q2 2026 205 institutions, 71 of them sold out
Net change, all compared +3.9M shares (+3.5%)
Net change, active managers +6.8M shares (+17.7%), 23 bought, 37 sold

Buyers versus sellers

institutions compared, 429
Active managers and hedge funds 23 bought · 37 sold · +6.8M
Index fund managers 5 bought · 5 sold · −486K
Other institutions 161 bought · 163 sold · −2.4M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Orbis Allan Gray Ltd Active manager +6.3M New position 6.3M $238M
FMR LLC Active manager +4.8M +1470.2% 5.1M $194M
Neuberger Berman Group LLC Active manager +2.5M +79.4% 5.6M $210M
Manufacturers Life Insurance Company, The +1.5M +269.4% 2.0M $76.1M
Alberta Investment Management Corp +1.4M New position 1.4M $53.7M
UBS Group AG +1.4M +178.4% 2.2M $83.1M
Vulcan Value Partners, LLC Active manager +1.3M +20.0% 7.9M $299M
Thompson Siegel & Walmsley LLC +1.2M New position 1.2M $44.4M
Jpmorgan Chase & Co +1.0M +674.8% 1.2M $45.4M
Loomis Sayles & Co L P Active manager +958K New position 958K $36.2M
Fenimore Asset Management Inc +582K +80.3% 1.3M $49.3M
Polar Capital Holdings PLC Active manager +490K +20.0% 2.9M $111M
Bank Of New York Mellon Corp +489K +76.8% 1.1M $42.5M
Bank Of Montreal +479K +20.9% 2.8M $104M
Clarkston Capital Partners, LLC +409K +135.4% 711K $26.8M
Gotham Asset Management, LLC Hedge fund +326K +207.7% 483K $18.2M
Bellecapital International Ltd. +304K New position 304K $11.5M
Nfc Investments, LLC +294K New position 294K $11.1M
Stephens Investment Management Group LLC +292K +12.1% 2.7M $103M
Natixis +246K New position 246K $9.3M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Principal Financial Group Inc −4.1M −92.5% 333K $12.6M
Bessemer Group Inc −2.4M −99.9% 3,263 $124,000
Clearbridge Investments, LLC Active manager −1.8M Sold out 0 —
Champlain Investment Partners, LLC Active manager −1.5M −65.7% 778K $29.4M
Montrusco Bolton Investments Inc. −1.3M −33.2% 2.7M $102M
Blair William & Co −1.1M −69.0% 508K $19.2M
Woodline Partners LP Hedge fund −891K Sold out 0 —
Point72 Asset Management, L.P. Hedge fund −826K −93.8% 54K $2.1M
Ameriprise Financial Inc −776K −90.1% 86K $3.2M
Kayne Anderson Rudnick Investment Management LLC Active manager −662K −22.0% 2.3M $88.5M
Morgan Stanley −596K −26.2% 1.7M $63.5M
Alyeska Investment Group, L.P. Hedge fund −572K Sold out 0 —
Citadel Advisors LLC Hedge fund −571K −89.1% 70K $2.6M
Bank Of America Corp −539K −35.7% 969K $36.6M
Ceredex Value Advisors LLC −532K −63.4% 307K $11.6M
Marshall Wace, LLP Hedge fund −501K −95.6% 23K $868,480
Renaissance Technologies LLC Hedge fund −495K −92.2% 42K $1.6M
Millennium Management LLC Hedge fund −485K −61.6% 302K $11.4M
T. Rowe Price Investment Management, Inc. Active manager −478K −6.7% 6.6M $250M
Blackrock, Inc. Index funds −375K −3.5% 10.5M $396M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Orbis Allan Gray LtdActive manager 6.3M $238M
Alberta Investment Management Corp 1.4M $53.7M
Thompson Siegel & Walmsley LLC 1.2M $44.4M
Loomis Sayles & Co L PActive manager 958K $36.2M
Bellecapital International Ltd. 304K $11.5M
Nfc Investments, LLC 294K $11.1M
Natixis 246K $9.3M
Royce & Associates LPActive manager 195K $7.4M
Confluence Investment Management LLC 189K $7.1M
Element Capital Management LLCHedge fund 132K $5M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Clearbridge Investments, LLCActive manager 1.8M $59.8M
Woodline Partners LPHedge fund 891K $30.1M
Alyeska Investment Group, L.P.Hedge fund 572K $19.3M
M&G PLC 366K $12.4M
Schonfeld Strategic Advisors LLCHedge fund 223K $7.5M
Kennedy Capital Management LLCActive manager 132K $4.4M
Prana Capital Management, LPHedge fund 122K $4.1M
Lighthouse Investment Partners, LLCHedge fund 109K $3.7M
Twinbeech Capital LP 96K $3.2M
Man Group PLCHedge fund 95K $3.2M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
365
Ten largest holders
50.8%
of 13F-reported shares
Index fund managers
25.7%
of 13F-reported shares
Active managers and hedge funds
38.9%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 23 37 10 16 +6.8M +17.7%
Index fund managers 5 5 0 0 −486K −1.6%
Other institutions 161 163 65 55 −2.4M −5.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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